A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.

The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'

I'm a writer. I could not or would not ever run a business. I don't even have a secretary. And contrary to some of the stereotypes, entrepreneurs are not loners. I am.

One has to make a decision when a condition is likely to degenerate if nothing is done.

A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions to economy and to society.

Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.

Erroneous assumptions can be disastrous.